DARA BioSciences, Inc. (DARA)

[macjockey]

There is a fund that is definitely shorting at the close with a gravy trade. I think it didn't work nearly as well today as they hoped, but the attempt is definitely there. I am noticing a pattern with heavy volume on Fridays, and above average volume on the following Mondays. I would look for Monday to show us about 400k shares trade followed by some 200-300k days, and then another 500-750k day next Friday. Check the order history on DARA by date, and find the Fridays and look at the volume. That seems to be where the large volume PPS drops are hitting. These guys can't like it being green a few days in a row, including on a Friday when they are trying to pummel it.

Every week that goes by, the opportunity for this garbage diminishes as earnings get closer. Hopefully we see it go north of a dollar in the next week or so.